Japanese government bonds firmed on Monday as investors turned cautious about the outcome of Sino-U.S. trade talks after a report that Chinese officials signalled they were increasingly reluctant to agree to a broad deal with the United States. The Bank of Japan did not reduce the amount of its JGB purchase in its operation on Monday, in which it bought 1-3, 3-5, 10-25 and 25-40 year bonds. Some market players had speculated the central bank could reduce the size of its buying in long-dated bonds as BOJ Governor Haruhiko Kuroda has made it clear since last month that …read more
Source:: Yahoo Finance
